IBM (NYSE: IBM) has agreed to acquire Varicent Software Inc., a Toronto-based provider of analytics software for compensation and sales performance management. No financial terms were disclosed. Varicent raised $35 million in 2009 from FTV Ventures. www.ibm.com
Facebook has agreed to acquire Tagtile, a San Francisco-based mobile customer loyalty app. No financial terms were disclosed. www.tagtile.com
Fairborne Energy (TSX: FEL) has agreed to sell its oil interests in the Greater Sinclair area located in Manitoba and Saskatchewan to an undisclosed buyer for approximately C$80 million. www.fairborne-energy.com
Temasek Holdings has agreed to buy $2.3 billion worth of shares in Industrial and Commercial Bank of China from Goldman Sachs.
Tom Benson, owner of the New Orleans Saints football franchise, reportedly has agreed to acquire theNew Orleans Hornets basketball franchise from the NBA for $338 million (including more than $100m in assumed debt).
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